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To: ChrisJP who wrote (25666)	12/7/2004 10:30:26 AM
From: Elroy Jetson	Read Replies (2) \| Respond to of 306849

It's really amazing that there are still people suffering from the delusion that Reagan cut government spending. Quite the opposite is true. Federal spending increased dramatically under his tenure while he paid for "tax cuts" with an explosion of debt. Let's take an unsentimental look at the Reagan Debt Bomb. home.pacbell.net When Reagan became President the Federal Debt was 26.5% of GDP. Reagan left the nation with a legacy of Federal Debt at 42.3% of GDP. I think the facts speak for themselves. Reagan's "tax cuts" paid for with an explosion of debt is a prime example of America's escape into fantasy. .

To: ChrisJP who wrote (25666)	12/7/2004 10:42:37 AM
From: eddieww	Read Replies (1) \| Respond to of 306849

I believe if you check, Federal payrolls increased faster under Reagan than under any President since Roosevelt.

To: ChrisJP who wrote (25666)	12/7/2004 10:46:33 AM
From: GraceZ	Respond to of 306849

Get a TiVo and fast forward through the commercials. Buy it on EBAY because you can buy a used one almost for nothing. One of the exercises I do with people who have poor impulse control when it comes to credit and shopping is that I sit down and have them calculate their real hourly wage. You subtract all those expenses that are clearly only related to keeping that job, subtract that from the gross as well as taxes. Once you have a true hourly rate (it's not unusual for $20/hour to turn into $10-12/hr) then I translate every new item they want to buy into hours worked. The car is no longer 26k it is 2166 hours of their life plus the financing. The house is no longer $2000/month it is an entire spouse's earnings, every single day they go to work, they are working for that house. When you tell someone that they will give up one week a year for the next five years in order to have a particular car, all of a sudden a used one they can pay for out of savings starts to look better and better.